Tuesday, September 18, 2007

Detailing the Bucks-Charlie Bell Saga

Last season, Charlie Bell made $744,000. Bell had his most productive NBA season, which saw him average 13.5 points per game, 3.0 assists per game, and 1.18 steals per game.

Currently, Bell is a restricted free agent. Therefore, his options are to:

a) Sign a long-term contract with the Milwaukee Bucks.
b) Accept the Bucks' one year qualifying offer of nearly $900,000 and then become an unrestricted free agent after the 2007-08 season.
c) Sign a long-term offer sheet with another team and see if the Bucks match the offer or not.

Here is a timeline of the events that took place:

-Mid August: Milwaukee offers Bell a three-year deal worth $9,000,000.
-Mid August: Bell’s camp reportedly demands the third year be a player option with larger annual payments (nearly $5,000,000 per season).
-August 31: Bell reportedly weighs offers from a handful of European teams.
-August 31: Bell's agent, Mark Bartelstein, reportedly says he is considering simply accepting the one year qualifying offer.
-September 7: Bell reportedly received an offer from Olympiacos for three years and $9,000,000.
-September 13: Bartelstein and Bell determined he would not accept the one year qualifying offer.
-September 17: Miami Heat sign Charlie Bell to a five year, $18,500,000 offer sheet. The Bucks have seven days to match, although Bartelstein and Bell have publicly tried to convince them not to match so he can play with Miami. It has been reported that Bell would make $3,000,000 in year one and an average of $3,600,000 per season throughout the agreement.

The length of the deal probably puts it out of question for Bucks general manager, Larry Harris, to match this agreement. The new deal will keep Bell under contract until he is thirty-three years old. Considering the money the Bucks have committed to Michael Redd and Mo Williams already in the backcourt, it would not make sense for Harris to bring back Bell. Earlier this sumer, the Heat made a strong run at Williams, offering him a five year, $31,000,000 contract. However, the Bucks offered a significantly larger deal at six years at $52,000,000.

Upon determining whether to matching Bell’s offer sheet, the Bucks will need to consider giving future extensions to Andrew Bogut and Charlie Villanueva, who become restricted free agents after the 2008-09 season. Therefore, Harris will most likely pass on Bell and look to fill the spot vacated with a minimum salary veteran-type player, such as Dee Brown or Troy Hudson.

Bell is a savvy veteran who shoots the ball well from long-range. He is a versatile guard who handles the ball well and plays smart. Bell is no more than an average athlete, but hestles and plays hard each night. He is able to free himself off the ball for an open jumper by using screens. He is not much of a threat to drive off the dribble, but still can score effectively.

For Miami, Bell will join Jason Williams, Dwyane Wade, Smush Parker, Chris Quinn, Daequan Cook, and Devin Green in a crowded backcourt. Bell’s addition most likely signals the end of Chris Quinn with the Heat. Additionally, the Heat will most likely look to again unload Jason Williams and his expiring contract of $8,937,500. Miami will be targeting a player who can defend at the wing and shoot the ball consistently from the outside. The addition of Bell also ends any chance that Gary Payton will return for another season. If the Heat are unable to trade Williams, they may even consider waiving him outright, in order to save money against the luxury tax.

Bell will fit in with the Heat nicely. Assuming Williams does not return to the Heat, Bell will compete for a starting job next to Wade. Bell provides a long-range shooting threat that the Heat badly need, especially after the loss of Jason Kapono to the Raptors. Last season, Belll was one of only twenty-one players who averaged more than 13 points per game, 3 assists per game, while shooting over 35 percent from behind the three point arc. His 35.2 percent mark from three point ranked thirty-third in the Eastern Conference last season.

After receiving the offer sheet from the Heat, it is probably in the best interest of all parties for the Bucks to decline matching the offer and let him move onto Miami. Although Milwaukee would have liked to have Bell return to be the first guard off the bench behind Williams and Redd, at this cost it is not worthwhile. I expect the Bucks to decline the offer sheet and turn their attention to free agent point guards. I would suggest signing a young player with upside such as Dee Brown or C.J. Miles.

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